Bitcoin Price Soars Past $117,000 Following Fed’s 25 bps Rate Cut

Bitcoin crossed $117,000 in the past 24 hours, posting gains even as global equity markets swung sharply following the Federal Reserve’s latest rate cute.   While stocks struggled to find direction, BTC managed to hold steady, supported by renewed inflows into crypto investment products. Bitcoin ETF Inflows Rise The Federal Open Market Committee announced a 25 bps rate cut, which, on paper, is positive for digital assets. However, traditional markets saw the move as a signal of weakening economic conditions, with indexes spiking and then falling in volatile sessions source: https://beincrypto.com/bitcoin-price-soars-following-fed-rate-cut/